N.Y. pharmaceutical firm could bring 250 high-wage jobs to Lake Mary

Nearly 250 high-paying jobs may be coming to Lake Mary if Seminole County grants up to $500,000 in incentives for a New York-based pharmaceutical company to relocate to the area.

According to city and county documents, CareMed Pharmaceutical Services — currently based in Lake Success, N.Y. — plans to renovate and lease up to 40,000 square feet of office space off Lake Emma Road within a year for its new base, reports the Orlando Sentinel.

The company, which has 85 full-time employees, would hire an additional 165 full-time workers over the next three years after moving to Lake Mary, reports the Sentinel.

The average annual salary would be $50,000, with more than two dozen top administrators earning at least $80,000 a year.

Lake Mary commissioners are expected to vote on the incentives at a public meeting Thursday, and county commissioners then would vote on June 24.